Carbon Black Market Size , Top Companies Share, Demand, Price, Revenue and Forecast 2022-2030
Large-scale Manufacture of Rubber to Fuel Global Carbon Black Market The carbon Black Market is projected to be worth USD 17,231.4 Million by 2027, registering a CAGR of 4.5% during the forecast period (2020 - 2027). Carbon black is a material produced by the incomplete combustion of petroleum products such as ethylene cracking tar or coal tar. The global carbon black market report by Market Research Future (MRFR) looks at vital intelligence dynamics which make up the industry and affect its future for the period of 2022 to 2030 (forecast period). The threat of the COVID-19 virus and its impact are analyzed for the duration of the forecast period. Regional Analysis APAC held the largest market share due to production companies of carbon black in Japan, South Korea, China, and India. The regional Carbon Black Market Size can touch USD 9,242 million by 2023. Rapid urbanization and changes in policies can give the local industry the necessary kickstart and induce demand fo...